🚨BREAKING: IBIT'S LONGEST WEEKLY OUTFLOW STREAK.
BlackRock’s iShares Bitcoin Trust just posted its longest run of weekly outflows since launching in January 2024. Investors pulled more than $2.7 BILLION from the fund.
💹even after five outflow weeks, IBIT still manages over $71B in assets after nearly touching $100B at its peak, and another ~$113M left Thursday, putting it on track for a sixth straight week of redemptions as BTC sits ~27% off highs.
BTC
92,581
-1.41%
CVC
0.0509
+6.04%
CITY
0.628
-1.87%